Large business setup in Albania
Starting a large company requires thorough preparation and effort, along with consideration of specific obstacles and factors. We should talk about the benefits of establishing a large company in Albania and how our tailored solutions can help you succeed.
The process of setting up a large business
Creating a major corporation in Albania involves a similar process to starting a small or medium-sized company, but because of its size and complexity, the establishment of a large business generally demands a greater investment of time and resources. The steps for this process are as follows:
Choose a business name
The name of the business must be original and not currently being used. You can verify the availability of a name on the Albania Trade Registry’s website.
Select legal entity type
It is crucial to choose the right legal structure for the success of your large business. We offer expert guidance on Limited Liability Company (SHPK), Joint Stock Company (SH.A.), Branch Office, and Holding Company to help you make an informed decision that suits your specific needs and future goals.
Set up legal address
When you are beginning a business, having a legal address is crucial since it acts as the primary point of contact for government agencies, legal authorities, and significant business communication. Selecting a legal address that complies with local regulations and fits your business needs is essential.
Get the necessary paperwork ready
We have a team of professionals who can assist you in developing detailed and tailored documentation that aligns with your company’s organizational structure and objectives. We assure compliance with all legal requirements and will handle the filing procedures on your behalf.
Open a bank account
We will support you every step of the way as you open a bank account, making sure the company follows regulations and selecting a trustworthy financial institution for your account in Albania.
Company registration
We take care of the registration process with authorities such as the Trade and Companies Register and tax authorities, freeing you from the administrative workload. This ensures that your business is legally recognized and compliant from the beginning.
Setup accounting
Maintaining precise financial records is crucial for the successful launch of a big business. Our team of accounting professionals can assist in implementing reliable accounting and bookkeeping methods that adhere to the regulations in Albania.
Large business examples
Large-sized businesses have different needs depending on the industry and sector they operate in. Here are a few examples of large-sized businesses:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Albania
Albania is an attractive location for establishing large businesses, providing numerous benefits.
Strategic location
Albania offers a welcoming atmosphere for businesses, a thriving economy, and chances for companies looking for stability and expansion in manufacturing, tourism, and services. Being strategically positioned on the Adriatic Sea, with cost-effective options and government efforts to encourage investment and entrepreneurship, Albania provides many benefits for businesses wanting to establish themselves in the area.
Favorable tax regime
Albania has a uniform corporate income tax rate of 15%. The nation provides several incentives for investments, with varying rates possible for certain areas. Located on the Adriatic coast, Albania’s strategic position creates prospects for trade and business growth.
Banking
The banking system in Albania provides stability and accessibility, which opens up possibilities for efficient financial services and investment opportunities in a developing economy.
Our Large business setup solutions
We understand how valuable your time and resources are. This is why we offer two convenient options to make the process of company formation easier.
Business formation online
Through the online platform offered by Albania, individuals have the opportunity to start and finalize the procedure of setting up a business from any location globally. The option to track advancement, hand in necessary paperwork, and make use of our services via safe digital channels guarantees a seamless and comfortable process.
Business formation remotely
If you would rather take a more hands-off approach, we can manage all the necessary paperwork for you. Our team of experts will handle all the formalities, complete the required paperwork, and communicate with the appropriate authorities on your behalf to ensure your peace of mind.
Contact us
Contact us today to schedule a consultation and begin pursuing your business goals. Let’s embark on this journey together.